Introduction With the foundation of Virgin Records in 1970‚ the first step was taken towards what is today Virgin Group‚ which in 2007 comprised 215 companies under its structure‚ in businesses as diverse as space travel‚ mobile telephony and fitness centers. Ever since the start‚ the image and culture of the Virgin Group have been so tightly linked to the personal image and personality of its founder‚ the high-profile entrepreneur and multimillionaire Sir Richard Branson‚ that it is
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Theory Behind Risk Management Article written by James Vanderberg‚ Luma Group Hong Kong (1888 PressRelease) To assist clients with risk management‚ client advisors must be aware of their clients risk perceptions. Malkiel (1982) emphasized the practical importance of risk perceptions and measurement as follows: The quest for better risk measures is not simply an amusing exercise that accomplishes only the satisfaction of permitting academics to play with their computers. It has important implications
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MMFSL’s rural financing is considered as the cornerstone of poverty reduction‚ rural development and inclusive growth in many parts of the country. MMFSL has extended loans to over 2 million customers across 170‚000 villages belonging to low income groups‚ helping rural India surge ahead. Mahindra Finance envisions to be the preferred provider of retail financing services in the rural and semi-urban areas of India‚ by providing the complete range of financial products and services to customers
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Globalization tidal wave of Hong Kong Tina Tong (2014‚ April) offers several valid reasons to oppose free trade and globalization in Hong Kong‚ the People’s Republic of China. First‚ Tong claim that globalization is changing Hong Kong traditional culture. Tong also explains that immigration problem is the important social problem in Hong Kong. While these are sound reasons to oppose free trade and globalization‚ there are also several important reasons why social-economic‚ international interconnectedness
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Chapter 1: ECONOMIC INTERDEPENDENCE.- “ When the U.S sneezes‚ the economies of other nations catch a cold” GLOBALIZATION . Is the process of greater interdependence among countries and their citizens. Agglomeration Economies.- are a powerful force that help explain the advantages of the "clustering effect" of many activities ranging from retailing to transport terminals. (Urbanization‚ Industrialization‚ Localization economies) FOREIGN OUTSOURCING.- Certain aspects of a product’s manufacture
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transfer of Hong Kong from the British effectively ended many remnants of British imperialism in China‚ and in the process ended much of Britain’s involvement/power in Asia. The turnover has also given China control over one of the world’s leading financial institutions‚ thus improving not only its economic standing but also its ability to use soft power. The opposite could be said for the effects on the United Kingdom‚ where the turnover effectively halted their control over the economic powerhouse and
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What is Economics? Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. Since economics is a driving force of human interaction‚ studying it often reveals why people and governments behave in particular ways. There are two main types of economics: macroeconomics and microeconomics. Microeconomics focuses on the actions
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Mehdi TasalotiProgram:BBUS Bachelor Of Bussiness (HONS) Title: Economics Growth CONTENTS PAGE 1.0 DEFINITION OF ECONOMIC GROWTH 3 2.0 BENEFITS OF ECONOMIC GROWTH 4‚5 3.0 COSTS OF ECONOMIC GROWTH 6‚7 4.0 CAUSES OF ECONOMIC GROWTH 8 4.1 DEMAND SIDE CAUSES 8‚9 5.0 Why Economic Growth may not bring increased Happiness 9‚10‚ 11‚12 6.0 Poverty‚ Income Inequality and Economic Growth 13 6.1Does Economic Growth Reduce Relative Poverty and Income 14 6.2Why Economic Growth May not Reduce Income Inequality and Poverty
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Microeconomics vs Macroeconomics There are differences between microeconomics and macroeconomics‚ although‚ at times‚ it may be hard to separate the functions of the two. First and foremost‚ both of these terms mentioned are sub-categories of economics itself. As the names of ‘micro’ and ‘macro’ imply‚ microeconomics facilitates decisions of smaller business sectors‚ and macroeconomics focuses on entire economies and industries. These two economies are mutually dependent‚ and together‚ they develop
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John Hicks "An economy consists of nothing else but an enormous cooperation of workers or manufacturer to make things and do things which clients want." The Vital Functions of an Economy:- Production‚ consumption and growth are vital factors of economics. Economies might differ in the organization but all perform these three functions which are discussed below. 1. Productions:- The First vital process of an economy is manufacture which must go on incessantly. "Production comprises any action‚ and
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